With another
year of uncertainty ahead, you have your fair share of challenges to face as an
Investor Relations Officer (IRO). Here’s what could stand in your way for the
next 12 months.
Today’s economic
landscape complicates how you target new investors.
Record-breaking
Inflation and the Fed’s inevitable rate hike have led to some pretty
pessimistic forecasts about the year ahead, with most experts declaring the
bear market will continue well into 2023.
These
predictions can spook even the most stalwart of your investors, many of whom aim
to tighten their portfolios to mitigate volatility.
While targeting
is more complicated during an economic downturn, you can get a bead on investor
behavior with the right IR tools from Q4. The latest IR solutions from Q4 prioritize targeting through cutting-edge
engagement analytics.
Engagement
analytics aggregates IR intelligence from your entire digital footprint,
delivering key insights into new or targeted investors who interact with your
brand. Using this information, you can accelerate meetings with these investors
to underscore your value proposition at the perfect time.
Engagement
analytics is at its most effective when it consolidates data gathered from a
variety of IR tools. It synthesizes and analyzes IR intelligence typically
segregated by different software. It tears down the digital walls of the
average silo to deliver a full suite of tools in one program.
Unfortunately,
most companies still rely on several apps to complete their day-to-day IR
activities. These programs don’t speak to each other naturally, which puts the
onus of identifying patterns and analyzing data on the individual.
If you’re working
under a tech silo, you need to switch to a holistic program in the new year.
IROs should
provide strategic support to the board and C-Suite, but engaging management
can be one of the hardest things you do. A disconnect between these departments
can hinder your targeting efforts, so you need to address this in the new year.
Aggregating IR
intelligence generated by your program into a single platform makes reporting
on your impact easier.
By streamlining
reporting with purpose-built IR tools, you can deliver key insights about
targeted investors and their behavior more efficiently. As a result, your
C-Suite will be better prepared for one-on-one meetings and capital markets
events.
Before Elon
Musk’s $44 billion acquisition of Twitter, the official blue check mark
certified authentic brands, organizations, and public figures. Now, a
subscription-based blue check verifies anyone willing to shell out $8 for the
privilege.
You only need to
look to accounts impersonating other brands to see how this can impact your IR
strategy. A fake tweet from a “verified” Eli Lilly impersonator announced the
pharmaceutical giant would supply its insulin for free.
The hoax cost
the company billions when their shares nosedived following the tweet, not
to mention innumerable PR damage as they issued a correction on their official
Twitter.
This would be an
opportune time to strengthen your IR narrative, upgrade your IR site, and
evaluate your social media presence and the risk of staying on Twitter. Luckily,
this blue-check fiasco comes at a time when most investors put more stock in
your IR site than any other online source, including your Twitter account.
Changes in the
social media landscape join other challenges of reporting, siloes, and
targeting this year. But no challenge is insurmountable. With the right
guidance and the appropriate tools, you can overcome any challenge your company
faces in the new year.